KATO WORKS CO., LTD. ( (JP:6390) ) just unveiled an announcement.
KATO WORKS CO., LTD. has announced an additional investment of 3.4 million euros in its Italian subsidiary, KATO IMER S.p.A., increasing its stake to 94.2%. This move aims to strengthen the company’s financial position and management structure, enhancing competitiveness in the European market. The initiative is part of KATO WORKS’ mid-term management plan to expand its market share in Europe, driven by the growing demand for sustainable construction machinery. The company plans to streamline decision-making and align its development, sales, and service strategies to meet local needs.
More about KATO WORKS CO., LTD.
KATO WORKS CO., LTD. operates in the construction machinery industry, focusing on the manufacture and sale of mini excavators and related parts. The company is actively expanding its presence in the European market, leveraging its subsidiary KATO IMER S.p.A., based in Tuscany, Italy.
YTD Price Performance: -17.56%
Average Trading Volume: 67,945
Technical Sentiment Signal: Buy
Current Market Cap: Yen13.32B
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